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Depreciation

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Meaning of Depreciation

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Characteristics of Depreciation

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Reasons for depreciation

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Methods of Depreciation

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1. Straight-Line Depreciation Method-

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2. Reducing or Diminishing Balance Method Written Down value (WDV Method)

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Accounting Entries for Depreciation (SLM & WDV Methods)

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C) Difference between WDV Method and SLM

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3. Sum-of-the-Years-Digits Depreciation Method

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Units of Production Depreciation Method

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Practical Questions & Answers

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Example 2

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Example 3

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Example 4

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Example 5

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Example 6

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Example 7

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Example 8